Amazon's recent decision to reverse its ban on Visa credit cards in the UK illustrates the moveable feast that is the current payments ecosystem. It is essentially impossible to maintain fair trading when consumers and merchants are dependent on a small number of payment giants, especially when current payment methods are inflexible, inconvenient, and time-consuming.
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Comment on Amazon's Decision to Reverse Visa Cards Ban
Tuesday, January 18, 2022 - 13:09
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/blog/payment-visacards-trading/comment-amazons-decision-reverse-visa-cards-ban
Financial IT
Brits Oblivious to the Basics of Foreign Exchange and Bank Charges when Overseas – Costing them Money Every Time they Go on Holiday
Research from bank challenger, Tally, reveals many UK travellers are confused about how foreign exchange works, with a quarter believing banks are deliberately misleading
● Four in ten of those polled were not aware that banks charge fees for withdrawing cash when abroad, whilst 50% were unaware that choosing the local currency for card payments saves them money
Tuesday, January 18, 2022 - 13:05
44957
/news/banking/brits-oblivious-basics-foreign-exchange-and-bank-charges-when-overseas-costing-them
Financial IT
Bolt and Rydoo Provide Smart Integration That Delivers Automated Ride Reimbursements
Tuesday, January 18, 2022 - 12:58
44956
/news/saas/bolt-and-rydoo-provide-smart-integration-delivers-automated-ride-reimbursements
Financial IT
Wise Launches 18 Weeks Minimum Full Pay Paternity Leave Across 17 Global Offices
Changes come as part of global leave shake up with enhanced time off for 'me days' alongside the company's long running sabbatical policy
Wise, the global technology company building the best way to move money around the world, today announces a new leave policy, rolled out worldwide.
Tuesday, January 18, 2022 - 12:41
44955
/news/money-transfers/wise-launches-18-weeks-minimum-full-pay-paternity-leave-across-17-global-0
Financial IT
Purchasing Software Opens New Doors for Controlling Expenditure
- Women’s Pioneer Housing Association improves budgetary control and saves time on processing invoices using Invu’s Purchase Order Processing software -
Women’s Pioneer Housing, a provider of homes and services that offer a springboard to independent women, has reimagined its purchase order and invoice processing system and gained renewed control over their spending.
Tuesday, January 18, 2022 - 12:37
44953
/news/management/purchasing-software-opens-new-doors-controlling-expenditure
Financial IT
New Research Shows Leading Global Banks Expect Request to Pay to Challenge Direct Debits and Payment Cards
A survey of leading global banks by Icon Solutions has revealed that Request to Pay is widely expected to challenge established payment methods, with 87% of respondents viewing it as a good alternative to direct debits and 71% expecting it will reduce merchant’s dependency on payment cards.
Tuesday, January 18, 2022 - 12:32
44952
/news/payments/new-research-shows-leading-global-banks-expect-request-pay-challenge-direct-debits-and
Financial IT
Crezco Hires Former Chip Financial Executive to Head Up Growth and Finance Operations
Business-to-business open banking payments provider Crezco has appointed Ivelina Delcheva as its first Chief Financial Officer and Chief Operations Officer.
A finance expert with extensive fintech experience, Delcheva will lead the London-based startup’s growth agenda.
Tuesday, January 18, 2022 - 12:29
44951
/news/open-banking/crezco-hires-former-chip-financial-executive-head-growth-and-finance-operations
Financial IT
Fast Growing RegTech Steeleye Reports 88% Growth in 2021
SteelEye, the compliance technology and data analytics firm, has announced a record year of growth. Revenues increased 88 percent year-on-year in 2021 and the company now has over 120 institutional clients worldwide, with new clients including Oppenheimer Europe Ltd and JonesTrading.
Tuesday, January 18, 2022 - 12:21
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/news/regtech/fast-growing-regtech-steeleye-reports-88-growth-2021
Financial IT
ENTRIS BANKING Enhances Payment Connectivity With Bottomline
Putting customer experience and flexibility first for ENTRIS BANKING customers
Bottomline, a leading provider of financial technology that makes complex business payments and financial messaging simple, smart and secure, today announced that ENTRIS BANKING AG, a new Swiss customer, has selected Bottomline’s SaaS-based payment connectivity platform to provide customers with an enhanced, more flexible domestic and international payment experience.
Tuesday, January 18, 2022 - 12:11
44949
/news/payments/entris-banking-enhances-payment-connectivity-bottomline
Financial IT
Retail Investors escape from British equities and the pound
- SERIX for FTSE 100 reaches record bearish territory of 87
- British pound also loses investor confidence
- Retail investor sentiment positive on IBEX, MIB and NASDAQ
Tuesday, January 18, 2022 - 12:10
44948
/news/trading-systems/retail-investors-escape-british-equities-and-pound
Financial IT
